The data from platforms like Tracxn should be viewed with a lag; by the time it "becomes apparent" in the second half of the year, many projects have actually already been put on hold.

Saudi Arabia's venture capital market is experiencing disruptions from the US-Israel war on Iran that began at the end of February 2026, with researchers predicting the biggest funding declines will become visible in the second half of the year. According to Tracxn, a market data platform, $108